Today I have signed into law H.R. 4, the "Pension Protection Act of 2006."
This legislation strengthens the pension insurance system and ensures that
workers will receive better information about their pension plans. The
legislation makes permanent the deductible limits for contributions to
Individual Retirement Accounts and 401(k) plans, encourages employers to
automatically enroll workers in 401(k) plans, and expands workers' access
to investment advice.

The executive branch shall construe sections 221(a) and 1632(b)(1) of the
Act, which call for the submission of legislative recommendations to the
Congress, in a manner consistent with the constitutional authority of the
President to supervise the unitary executive branch and to recommend for
the consideration of the Congress such measures as the President shall
judge necessary and expedient.

Section 1634(e) purports to require the United States Trade Representative
to submit to congressional committees the contents of the negotiating
positions of the United States and foreign countries in certain
international trade negotiations. The executive branch shall construe
section 1634(e) in a manner consistent with the President's constitutional
authority to conduct the Nation's foreign affairs including negotiations
with foreign countries, supervise the unitary executive branch, and to
withhold information the disclosure of which could impair
foreign relations, national security, the deliberative processes of the
Executive, or the performance of the Executive's constitutional duties.